VANCOUVER, BC, Sept. 23,
2024 /CNW/ - Tajiri Resources Corp. (the "Company")
(TSXV: TAJ) is pleased to announce that subject to TSX Venture
approval it will raise CDN$1,500,000
by way of non-brokered private placement. The placement will see
the Company sell units priced at $0.05, with each unit consisting of one common
share in the capital of the Company, and one common share purchase
warrant. The warrant will entitle the holder to purchase an
additional common share of the Company at a price of $0.10 for a period of three years from the
closing date. The warrants will be subject to an acceleration
clause that stipulates should the common shares of the Company
close at, or above, $0.25 for ten
consecutive trading days they will be called for exercise within 30
days of the Company providing notice to holders by way of regular
press release or will expire. Proceeds from the placement
will be used for exploration and development of the Company's
mineral projects and for general working capital. Fees may be paid
on a portion of the offering and all shares issued will be subject
to the mandatory four-month and a day hold period.
On Behalf of the Board,
Tajiri Resources Corp.
Graham
Keevil,
President & CEO
About Tajiri Resources Corp.
Tajiri Resources Corp. is a junior gold exploration and
development company with exploration assets located in two of the
worlds least explored and highly prospective greenstone belts of
Burkina Faso, West Africa and Guyana, South
America. Led by a team of industry professionals with
a combined 100 plus years' experience the Company continues to
generate shareholder value through exploration.
www.tajirigold.com
This news release may contain forward-looking statements
based on assumptions and judgments of management regarding future
events or results. Such statements are subject to a variety of
risks and uncertainties which could cause actual events or results
to differ materially from those reflected in the forward-looking
statements. The Company disclaims any intention or obligation to
revise or update such statements.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Tajiri Resources Corp.
